Interesting chart. Rather than trying to get more people to go into the high paying majors, tuition should be adjusted per major on the front-end.
This caught my attention. Does Duncan not know what power he has on college costs? All he has to do, like Mark Cuban has pointed out, is make it harder to get outsized student loans. Colleges would be forced to adjust their costs to meet the new market.
Rant… Sometimes I am not sure why I still read the National Journal Online Education Experts blog because they don’t let people comment and their experts don’t always say much. Imagine what could be done if a real conversation happened around these issues.
Details on student loan plan in the link. Does not help anyone in the “lost” generation of 2008-2011 graduates, the ones that are unemployed, broke, and protesting. It also doesn’t do anything about soaring costs (reminds me of the health care plan all of a sudden).
The least you could say is too little, too late, but it also seems like a political misstep, no? Does the fact that the administration doesn’t get the scope of the problem make Obama seem even more out of touch?
If the messages at We Are the 99 Percent aren’t convincing enough for those left-brained folks, economic data shows that the intent of college is definitely changing.
“New college graduates are having a particularly hard time finding salaries that keep pace with wage growth at the top, suggesting that college works less like an investment than an insurance policy against poverty.”
Academia is not (usually) women’s friend.
“While there are plenty of women in science and technology—the fields that spin off high-growth companies—the paper says, and while women form 46% of the workforce and over 50% of college students, only 35% of startup business owners are women.
In fields like science and technology, that’s due to the fact that women in those fields don’t take the same steps that men do to position themselves to one day start their own companies, the paper says. They don’t patent their research as much as men do—only at 40% the rate of their male colleagues. They don’t serve on the scientific advisory boards of private companies the way men do—93% of men serve on boards in private industry while only 6.5% of women do. And women tend to commercialize their research through university channels, rather than striking out on their own.” (emphasis added)